Hi,
As per policy we will solve only one question here.
Here Base salary = $72,000
nominal raise = 2.5%
hence nominal value = 72000*(1+2.5%) = $73,800
Real rate = (1+nominal rate)/(1+inflation)-1
= (1+2.5%)/(1+0.75%)-1
= 1.025/1.0075-1
= 0.01737 = 1.737%
hence real value = 72000*(1+1.737%) = $73,250.62
Thanks
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